It is understood a deal worth £105m has been reached between the two clubs that will see the 33-year-old Portuguese end a nine-year stay at the Bernabeu.

“Today Real Madrid wants to give thanks to a player who has demonstrated he is the best in the world and who marked one of the most brilliant periods in the history of our club and world football,” the club said in a statement.

“For Real Madrid Cristiano Ronaldo will always be one of its great symbols,” said the club statement.

“Real Madrid wants to express its gratitude to a player who has proved to be the best in the world and who has marked one of the brightest times in the history of our club and world football.

“Real Madrid will always be your home.”

Ronaldo joined Real from Manchester United for £80m in July 2009 and scored a club-record 451 goals and won the Ballon D’Or – awarded to the world’s best footballer – in 2008, 2013, 2014, 2016 and 2017.

https://twitter.com/realmadrid/status/1016707221261115392

He has helped them win the Champions League in four of the past five seasons, scoring in the 2014 and 2017 finals.